Royal Bank of Canada Has $988,000 Stake in Care Capital Properties Inc (CCP)

Royal Bank of Canada lessened its position in shares of Care Capital Properties Inc (NYSE:CCP) by 30.6% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 37,010 shares of the financial services provider’s stock after selling 16,316 shares during the quarter. Royal Bank of Canada’s holdings in Care Capital Properties were worth $988,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Strs Ohio raised its position in shares of Care Capital Properties by 4.4% during the 2nd quarter. Strs Ohio now owns 132,585 shares of the financial services provider’s stock valued at $3,540,000 after buying an additional 5,569 shares during the period. Tocqueville Asset Management L.P. raised its position in shares of Care Capital Properties by 24.3% during the 2nd quarter. Tocqueville Asset Management L.P. now owns 38,389 shares of the financial services provider’s stock valued at $1,025,000 after buying an additional 7,500 shares during the period. Point72 Asset Management L.P. purchased a new stake in shares of Care Capital Properties during the 1st quarter valued at approximately $2,620,000. IndexIQ Advisors LLC raised its position in shares of Care Capital Properties by 106.1% during the 2nd quarter. IndexIQ Advisors LLC now owns 186,552 shares of the financial services provider’s stock valued at $4,981,000 after buying an additional 96,055 shares during the period. Finally, OMERS ADMINISTRATION Corp raised its position in shares of Care Capital Properties by 1,159.1% during the 2nd quarter. OMERS ADMINISTRATION Corp now owns 187,600 shares of the financial services provider’s stock valued at $5,009,000 after buying an additional 172,700 shares during the period. 88.88% of the stock is currently owned by hedge funds and other institutional investors.

COPYRIGHT VIOLATION WARNING: “Royal Bank of Canada Has $988,000 Stake in Care Capital Properties Inc (CCP)” was posted by Sports Perspectives and is the sole property of of Sports Perspectives. If you are viewing this piece of content on another publication, it was illegally copied and reposted in violation of United States & international copyright laws. The original version of this piece of content can be read at https://sportsperspectives.com/2017/11/05/royal-bank-of-canada-has-988000-stake-in-care-capital-properties-inc-ccp.html.

Separately, BidaskClub lowered shares of Care Capital Properties from a “buy” rating to a “hold” rating in a research report on Saturday, July 8th.

Shares of Care Capital Properties Inc (CCP) opened at $24.21 on Friday. The company has a current ratio of 2.50, a quick ratio of 2.50 and a debt-to-equity ratio of 1.40. Care Capital Properties Inc has a 12-month low of $22.70 and a 12-month high of $31.56.

About Care Capital Properties

Care Capital Properties, Inc is a self-administered, self-managed real estate investment trust with a diversified portfolio of skilled nursing facilities (SNFs) and other healthcare assets operated by private regional and local care providers. The Company leases its properties to unaffiliated tenants under long-term triple-net leases, pursuant to which the tenants are obligated to pay all property-related expenses, including maintenance, utilities, repairs and taxes.

Want to see what other hedge funds are holding CCP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Care Capital Properties Inc (NYSE:CCP).

Institutional Ownership by Quarter for Care Capital Properties (NYSE:CCP)

Receive News & Ratings for Care Capital Properties Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Care Capital Properties Inc and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply